SPY vs THOR

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYTHORWinner
Expense Ratio0.09%0.79%
AUM$789.1B$14M
Dividend Yield1.01%0.00%
Holdings50552
YTD Return+13.39%+4.86%
1Y Return+22.52%-
3Y Return (annualized)+21.36%-
5Y Return (annualized)+13.19%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-2.4%
Fund FamilyState Street Investment ManagementThornburg Investment Management
CategoryEquityEquity
InceptionJan 22, 1993Jun 22, 2026

SPY vs THOR Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Thornburg Premium Income Builder ETF (THOR) is a ETF from Thornburg Investment Management. Year to date, SPY is up 13.39% versus a gain of 4.86% for THOR.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -2.4% for THOR. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while THOR charges 0.79%. On a $10,000 position that is $9 vs $79 annually, a gap of $70 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.00% for THOR.

Holdings Overlap

4.1%overlap

SPY and THOR share 11 holdings out of 544 unique holdings combined, representing a 4.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in THORDifference
KMB0.06%4.58%4.52%
AVGO2.73%1.15%1.58%
T0.22%2.79%2.57%
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Frequently Asked Questions

Which is cheaper, SPY or THOR?

SPY has an expense ratio of 0.09% while THOR charges 0.79%. SPY is the cheaper option. On a $10,000 investment, that is $70 per year of difference.

What is the holdings overlap between SPY and THOR?

SPY and THOR share 11 common holdings with a 4.1% weight overlap. Combined, they hold 544 unique securities.

Which pays a higher dividend, SPY or THOR?

SPY yields 1.01% while THOR yields 0.00%, so SPY currently pays the higher dividend yield.

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